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The UAE dirham: stability and economic dynamism in Dubai
The UAE dirham (AED), the official currency of the United Arab Emirates since 1971, is a symbol of the region's economic strength and stability. The UAE dirham stands for economic stability and an open, future-oriented financial policy.
Key aspects UAE Dirham
- Global and regional trade relations: The dirham plays a central role in international trade, particularly through its link to the petrodollar system. At the same time, Dubai is promoting the diversification of its trade relations, for example by expanding trade with India and Egypt.
- Inflation management: With a moderate inflation rate, Dubai demonstrates effective economic management.
- Future outlook: The UAE, including Dubai, is actively adapting to global economic trends and developing strategies to strengthen its economic position. Participation in the BRICS group and discussions on a common currency illustrate this proactive approach.
